Blockchain & crypto news from India
Thailand has declared that cryptocurrency will be regulated as a means of payment for services and goods to avoid potential impacts on the nation’s financial stability and economic system. The statement came from the Bank of Thailand, the Ministry of Finance and the Thai Securities and Exchange Commission. On Tuesday, the Bank of Thailand, the…
For the 61 winners of the Pradhan Mantri Rashtriya Bal Pursaskar (PMRBP) 2021 and 2022, the award was special in ways more than one, as they received digital certificates that use blockchain-driven technology created by IIT Kanpur under the National Blockchain Project. Abhay Karandikar, Director of IIT Kanpur said on Tuesday that in a first,…
The Centre may not table the much-awaited crypto regulation bill in the upcoming budget session of the Parliament, many new firms have reported currently. According to the reports, this is because there is a need to have more discussions on it and the government intends to build consensus over the provisions of the upcoming Bill….
On Friday, Cryptocurrency saw a collapse for the second time in less than a month, initiated by the Russian Central Bank proposal to prohibit the use and mining of cryptocurrencies. Bitcoin has lost more than 12% Friday and dropped below $36,000 to its lowest level since July. As per the historical data, Bitcoin has lost…
On Monday, PM Narendra Modi called for synchronized and collective action related to policymaking for blockchain-backed digital currencies. Speaking at the World Economic Forum’s Davos Agenda 2022 virtual event, the PM noted that besides the change for global order, the challenges are also surging, including inflation, supply-chain disruption, climate change and crypto. He said that…
The retail giant of the United States, Walmart is the latest firm to step into the crypto bandwagon. Based on trademark documents the retail giant field in December 2021 with the US Patent and Trademark Office (USPTO), Walmart appears to be set out into the metaverse with schemes to develop its own collection of non-fungible…
It is often proven that tweets from Elon Musk affect the crypto world. The billionaire has tweeted about Dogecoin that Tesla merchandise is now buyable with the Dogecoin. This has sparked great speculation among Dogecoin fans. It was also incorporated as the payment option on the official website of Tesla. Also, the value of the…
Many celebrities including boxer Floyd Mayweather Jr, Kim Kardashian, ex NBA All-Star Paul Pierce are being charged over their roles in a so-called crypto scam. As per the class action compliant from the Central District of California, the firm EthereumMax including co-founders and others along with these celebs are being accused of making confusing statements…
WhatsApp rival Signal’s payment feature is now available globally. This implies that, akin to WhatsApp, users of Signal can now also use the encrypted messages app to receive and send payments. But, the platform facilitates transactions via MobileCoin crypto. According to the support page of Signal, MobileCoin is crypto developed to be utilized as digital…
On Wednesday night, cryptos including Ethereum, Bitcoin, Solana, Cardano and Terra slipped steeply after the US Federal Reserve released minutes of its December meeting in which the Central Bank hinted it could begin increasing interest rates to handle challenging high inflation. On November 11, 2021, Bitcoin touched an all-time high of $68,749. It has outperformed…